MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-06-0004161
Maryland Resorts Ltd
Maryland Resorts Ltd - financial services in Darjeeling, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.29 Cr
▲ 11% YoY
Net profit · FY 2024
₹1.51 Cr
Net margin 18.2%
EBITDA · FY 2024
₹2.94 Cr
EBITDA margin 35.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.19 Cr
Issued & subscribed
Open charges
₹10.25 Cr
Satisfied ₹12.74 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
9
Provident fund records
About Maryland Resorts Ltd
Data last updated:
Maryland Resorts Ltd is a public limited company based in Darjeeling, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 15 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U55101WB1995PLC074292. Its GSTIN is 19AADCM5440J1ZB (West Bengal).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.19 Cr. It is led by directors including Sarina Garg (Whole-Time Director) and Manisha Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rink Mall 19 – Ladenla Road, Darjeeling, West Bengal, India – 734101.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.29 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 18.2%) and EBITDA of ₹2.94 Cr (EBITDA margin 35.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 7% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹10.25 Cr and satisfied charges of ₹12.74 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Maryland Resorts Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0004161). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101WB1995PLC074292
Registration Number 074292
Incorporation Date 15 September 1995
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-06-0004161
CIN history
Maryland Resorts has one previous CIN (Corporate Identification Number): L55101WB1995PLC074292. The current CIN is U55101WB1995PLC074292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101WB1995PLC074292 | Current |
| L55101WB1995PLC074292 | Previous |
Key People
Sarina Garg Whole-Time Director Manisha Garg Director Sumitra Garg Devi Additional Director Recognitions & Rankings of Maryland Resorts
Contact details
Maryland Resorts Ltd's registered office is in Darjeeling, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRink Mall 19 – Ladenla Road, Darjeeling, West Bengal, India – 734101
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Maryland Resorts Ltd, buy the company report.
Comprehensive company report
Maryland Resorts Ltd - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Maryland Resorts is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Maryland Resorts Ltd, buy the company report.
Financials of Maryland Resorts Ltd
FY 2024 filings availableMaryland Resorts Ltd reported revenue of ₹8.29 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹8.29 Cr ▲ 11%
Net profit · FY 2024
₹1.51 Cr margin 18.2%
EBITDA · FY 2024
₹2.94 Cr margin 35.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 31%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 24%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.5% | ||||
| Net Profit Margin | 18.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Maryland Resorts Ltd, buy the company report.
Board of directors of Maryland Resorts Ltd
Maryland Resorts has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarina Garg Also directs: Mariegold Infrastructure Private Limited, Mamanchand Sons Private Limited, Mountain Commercial Private Limited and 1 more | Whole-Time Director | 13 Jan 2001 | 25 Years 9 Months | Current |
| Manisha Garg Also directs: Mountain Commercial Private Limited, Planetgreen Tea Private Limited, Merrygold Asiayana Constructions Private Limited and 3 more | Director | 13 Jan 2001 | 25 Years 9 Months | Current |
| Sumitra Garg Devi Also directs: Millenium Exim Private Limited, Mariegold Industries Pvt Ltd | Additional Director | 06 Dec 2021 | 4 Years 11 Months | Current |
| Amit Garg Also directs: Mariegold Food Industries Private Limited, Millenium Exim Private Limited, Mariegold Infrastructure Private Limited and 3 more | Director | 10 Mar 2010 | 16 Years 7 Months | Current |
| Brijmohan Garg Also directs: Senses Real Estate LLP, Mariegold Heritage Private Limited | Additional Director | 30 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Maryland Resorts Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing, Resorts), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Espire Resorts Private Limited | ₹8.31 Cr (FY 2025) | -86.0% | New Delhi, Delhi, India | |||
| GR Aditya Mohapatra Associates (OPC) Private Limited | ₹8.3 Cr (FY 2025) | 13736.0% | Lingaraj, Odisha, India | |||
| Rasna Processors Private Limited | ₹8.29 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Maryland Resorts Ltdthis company | ₹8.29 Cr (FY 2024) | ₹1.51 Cr | 18.2% | 11.0% | 9 | Darjeeling, West Bengal, India |
| Vaata Smart Private Limited | ₹8.28 Cr (FY 2025) | 41.0% | Thiruvallur, Tamil Nadu, India |
To see the full peer comparison of Maryland Resorts Ltd, buy the company report.
Auditor
Maryland Resorts Ltd is audited by JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & CO | FY 2023 | 302023E |
Shareholding
The shareholding of Maryland Resorts Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maryland Resorts Ltd, buy the company report.
Charges & borrowings
Open charges
₹10.25 Cr
Satisfied charges
₹12.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2025 | 101136519 | Bank of India | ₹15 Lakh | Open | |
| 26 Oct 2021 | 100498310 | Hdfc Bank Limited | ₹4.95 Cr | Open | |
| 08 Oct 2021 | 100505354 | Hdfc Bank Limited | ₹4.95 Cr | Open | |
| 20 May 2016 | 100057246 | State Bank of India | ₹20 Lakh | Open | |
| 08 Mar 2007 | 10050929 | State Bank of India | ₹6.74 Cr | Satisfied |
To see the full charge records of Maryland Resorts Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Maryland Resorts Ltd has 3 court cases on record: 2 filed by Maryland Resorts, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed against the company by Jalan Distributors (P) Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against State of West Bengal | Disposed |
| Calcutta High Court | Court case (FMA) | Filed by the company against M/S. Jalan Distributors(P) Ltd. | Disposed |
To see the full case history of Maryland Resorts Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maryland Resorts Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Maryland Resorts has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Mount Everest Hotels Private Limited | U01403WB2007PTC114764 |
To see the full group structure of Maryland Resorts Ltd, buy the company report.
Employees & EPFO
Maryland Resorts Ltd has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
GST
Maryland Resorts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCM5440J1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maryland Resorts Ltd, buy the company report.
Recent activity
Maryland Resorts Ltd has 9 board changes on record since 2001: 5 appointments and 4 cessations. The latest: Sumitra Garg Devi was appointed as Additional Director on 06 Dec 2021.
Charges
A charge with Bank Of India amounted to Rs. 0.15 Cr with Charge ID 101136519 was registered on 28 Jul 2025.
AGM
Maryland Resorts Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maryland Resorts Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Appointed
Sumitra Garg Devi was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100498310 was registered on 26 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100505354 was registered on 08 Oct 2021.
Ceased
Maman Chand Agarwal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100057246 was registered on 20 May 2016.
Appointed
Brijmohan Garg was appointed as Additional Director.
Ceased
Rakesh Garg ceased to be Director.
Ceased
Sarina Garg ceased to be Director.
Charges
A charge registered on 08 Mar 2007 via Charge ID 10050929 with State Bank Of India was fully satisfied on 17 May 2012.
8 earlier events are in the company report.
Frequently asked questions
Maryland Resorts is an active public limited company based in Darjeeling, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 15 September 1995 (31+ years old) and is registered under CIN U55101WB1995PLC074292.
Maryland Resorts has 5 current directors:
- Sarina Garg - Whole-Time Director
- Manisha Garg - Director
- Sumitra Garg Devi - Additional Director
- Amit Garg - Director
- Brijmohan Garg - Additional Director
The latest financial statements of Maryland Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maryland Resorts is 19AADCM5440J1ZB, registered in West Bengal.
The CIN (Corporate Identification Number) of Maryland Resorts is U55101WB1995PLC074292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maryland Resorts has 3 court cases on record: 2 filed by the company and 1 filed against it.
Maryland Resorts was incorporated on 15 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Maryland Resorts by revenue are Espire Resorts Private Limited, GR Aditya Mohapatra Associates (OPC) Private Limited, Rasna Processors Private Limited, Vaata Smart Private Limited, all in the BFSI industry (Real Estate Leasing, Resorts), with the same principal business activity (real estate activities with own or leased property).
Sumitra Garg Devi was appointed as Additional Director on 06 Dec 2021. Maman Chand Agarwal ceased to be Director on 22 Aug 2021. Brijmohan Garg was appointed as Additional Director on 30 Apr 2015. Maryland Resorts has 9 board changes on record in total.
Yes, Maryland Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-WB-06-0004161).
The registered office of Maryland Resorts is at Rink Mall 19 – Ladenla Road, Darjeeling, West Bengal, India – 734101.
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